Answer:
John is mistaken since the best possible long term investment for a young individual is stocks. Stocks provide the highest potential returns. But they must be considered a long term investment. The price of stocks show an upward slope, but their price varies every single day. The stocks themselves might lose some value during relatively long periods of time (e.g. months or even a couple of years), but on the long run there is no other investment that yields similar returns.
John has at least 40 years before retiring, and that is a long time, and the potential earnings of stocks is huge. Even if the stock market plummets right before John decides to retire, his stock portfolio will probably have increased so much that a major loss will not make a big difference. And the stock market always rebounds, so his earnings will increase again.
On the other hand, bonds tend to pay very little interest and John will need to contribute a lot of money if he plans to retire with a plan that only include bonds.
Answer:
About 90 minutes
Explanation:
Three-credit course shall mean a three hour class each week. Three hours =
60 minutes = 180 minutes.
Since it is provided that there will be two classes each week, the duration of each class shall be =
minutes.
With this the three-credit course condition shall be fulfilled.
Answer:
If the interest rate decreases, you will be able to pay back the loan in only 58 months, which is 27 months less than with the higher interest rate.
Explanation:
I prepared an amortization schedule using the 21.8% rate, an it would take 85 months to pay of your debt completely. But if the interest rate decreases to 12.4%, it will take you only 58 months.
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Answer: True
Explanation:
Six Sigma projects have eight essential phases which are to; 1. recognize
2. define
3. measure
4. analyze
5. improve
6. control
7. standardize and
8. integrate.
It is a method whose primary objective is improving profit making by improving quality and efficiency standards. Project teams utilising this method want to reduce variability in processes by actively seeking out potential sources of waste especially in overtime and warranty claims.
They also investigate production backlogs or areas in need of more capacity and focus on customer and environmental issues.